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Old 06-09-2009, 07:04 PM   #60
peaceandlove
Avalon Senior Member
 
Join Date: Sep 2008
Location: Turtle Island
Posts: 2,776
Default Re: HR 1207 INTRODUCED "The Federal Reserve Transparency Act"

200!!!

Posted by Matt Hawes on 06/09/09 12:50 PM

Thanks to your continued activism and dedication, Ron Paul's Audit the Fed bill now has 200 co-sponsors!

The Library of Congress' list is not updated yet, but should include the following additions soon:

Rep. Paul Tonko (D-NY)
Rep. Jo Bonner (R-AL)
Rep. Leonard Boswell (D-IA)
Rep. Carol Shea-Porter (D-NH)
Rep. Bill Pascrell (D-NJ)
Rep. Christopher Carney (D-PA)
Rep. Travis Childers (D-MS)*
Rep. Hank Johnson (D-GA)
Rep. Harry Mitchell (D-AZ)
Rep. Patrick Murphy (D-PA)

*House Financial Services Committee Member

Thanks again to all who have worked so hard to get their representative on the bill. Let's keep spreading the word!

SOURCE and COMMENTS: http://www.campaignforliberty.com/bl...cpg=1#comments



Congressman Moran (D-VA) said "Bernanke is worried about an audit of the money supply"

Posted by AlexanderVA on 06/09/09 10:40 AM

On Saturday, a Campaign for Liberty member and I attended the Armenian Festival in Old Town Alexandria on Saturday, June 6th to hand out flyers regarding H.R. 1207.

At the festival, Congressman Moran gave remarks regarding the festival. After he finished, we rushed up to him to ask for his cosponsorship of H.R. 1207.

Congressman Moran replied how he met with Bernanke on friday, June 5th regarding an Audit of the Federal Reserve. Moran told us that "Bernanke is worried about an audit of the money supply". He did not indicate his cosponsorship, but the fact that two constituents asked him gave pressure.

I hope everyone in Alexandria, Arlington, Falls Church, Reston continue to put pressure onto Moran to cosponsor H.R. 1207.

SOURCE and COMMENTS: http://www.campaignforliberty.com/bl...cpg=1#comments



Fed Said to Retreat From Seeking Debt-Issuing Power

June 9 (Bloomberg) -- The Federal Reserve has backed off from seeking a new tool to forestall inflation, refraining from asking Congress for the power to issue its own debt, according to a person familiar with the matter.

Putting off the issue may avoid a political clash over whether the Fed should begin winding down its emergency lending programs while unemployment remains elevated. The central bank intends to rely instead on paying interest on banks’ reserve deposits to prevent a flood of cash into the economy.

Article continues: http://www.campaignforliberty.com/wire.php?view=5774
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